CCC continental coal limited

and i thought bergen was a joke..., page-9

  1. 779 Posts.
    lightbulb Created with Sketch. 103
    Hi 5shareholder, and then there is also the balance of Sioc funds owing approx $9m which is under vendor finance arrangements. Terms thereof , due when etc ..

    I think we have write downs /impairment charges as possibilities. Current thermal prices DeWitts economic? Auditors surely this year will be asking the right questions regarding vanmag?

    As a shareholder after the Sioc deal I never expected the need for additional funding so quickly ? The Bergen raising was so disappointing. Australian shareholders have funded South AFrica if Australia corporate needed some cash why couldnt South Africa pay pack some o f the funds as you rightly point out given the funds that are now available?

    I hope Jason replies as clarification is required.

    Cheers
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.